Question: lets reply to Maya's post with positive feedback or I agree in 100 words. start with hello mmaya After reading Judgment Under Uncertainty: Heuristics and

lets reply to Maya's post with positive feedback or I agree in 100 words. start with hello mmaya

lets reply to Maya's post with positive feedback
After reading Judgment Under Uncertainty: Heuristics and Biases by Tversky and Kahneman, | learned that while heuristics are mental shortcuts that help us make quick decisions, they often lead to systematic errors in judgment. The three major heuristics the authors discuss are: representativeness, availability, and anchoring and adjustment. 1. Representativeness refers to judging the probability of an event based on how much it resembles the typical case. For example, assuming Steve is a librarian because he fits the stereotype ignores base rate informationthere are far more farmers than librarians. 2. Availability involves estimating the likelihood of events based on how easily examples come to mind. If we recently saw a plane crash on the news, we might overestimate the danger of flying, even though statistically it's very safe. 3. Anchoring and Adjustment occurs when people rely too heavily on an initial piece of information (the \"anchor\") and make insufficient adjustments from that starting point. For instance, if told that the average price of a car is $50,000, someone might judge a $40,000 car as cheapeven if it's still expensive. These heuristics can be detrimental because they lead to biased thinking and poor decision-making, especially in high-stakes situations like medical diagnoses, financial decisions, or legal judgments. To become more aware, we must slow down our thinking and incorporate objective data, statistical reasoning, and challenge our gut reactions. Practicing metacognitionthinking about our own thinkingcan help us recognize when we're relying on shortcuts rather than logic

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